Connect with us

Business

Indian equity markets dent on profit booking

Published

8 years ago

on

Indian equity markets dent on profit bookingMumbai : Indian equity markets were suppressed on Friday by profit booking at higher levels and mixed global sentiments.

Both the key equity indices traded on a flat-to-negative note during the mid-afternoon trade session, as selling pressure was witnessed in banking and FMCG stocks.

The wider 51-scrip Nifty of the National Stock Exchange (NSE) slipped by 3.40 points or 0.04 per cent to 8,864.05 points.

The barometer 30-scrip sensitive index (Sensex) of the BSE, which opened at 28,810.32 points, traded at 28,763.20 points (at 1 p.m.) — down 9.93 points or 0.03 per cent from the previous close at 28,773.13 points.

The Sensex has so far touched a high of 28,825.09 points and a low of 28,714.93 points during the intra-day trade.

In contrast, the BSE market breadth was tilted in favour of the bulls — with 1,293 advances and 1,130 declines.

On Thursday, both the key indices had made gains of around a per cent each on the back of positive global cues, fresh inflow of foreign funds, healthy macro-economic data and a strong rupee.

The barometer index had gained 265.71 points or 0.93 per cent, while the NSE Nifty was up 90.30 points or 1.03 per cent.

According to Dhruv Desai, Director and Chief Operating Officer of Tradebulls, the CNX Nifty traded with sideways sentiments on profit booking at higher levels from traders.

“IT stocks traded firm on short covering at lower levels. Banking and pharma stocks traded with mixed sentiments due to profit booking at higher levels,” Desai said.

“Auto and oil-gas stocks traded firm. FMCG stocks traded with mixed sentiments due to lack of buying interest from traders at higher levels.”

Related Topics:
Continue Reading

Business

Apple is giving a huge discount on its gadgets: Details inside

Published

3 years ago

on

May 5, 2022

By

If you want to buy an iPhone and were waiting for a nice offer, then we have a piece of good news for you! Amazon Summer Sale May 2022 has begun and they are offering major discounts on various smartphones, laptops, and smart TVs, among others.

The sale is live now on the e-commerce platform with no-cost EMI options and exchange discounts on various products. In addition to this, Amazon has also partnered with several banks including ICICI, Kotak Bank, and RBL so that customers get instant discounts of up to 10% using their cards and EMI transactions.

Customers can easily enjoy this summer sale and get massive discounts on iPhones. They can also compare prices on Flipkart Big Saving Days Sale 2022 before making a purchase.

 

Amazon Summer Sale May 2022: Discount offer on iPhone 13 

Apple’s coveted phone model iPhone 13 in the 128 GB storage model will be available during the Amazon Summer Sale May 2022 for Rs 64,900. The MRP of the phone is Rs 79,900. This means that the customers will be able to enjoy a discount of up to Rs 15,000 on the purchase of the iPhone 13.

If you have an old iPhone in working condition then you will also be eligible to receive another additional discount worth up to Rs 17,000 on the iPhone 13.

Buy at Rs. 64,900 (MRP – Rs. 79,900)

Features of Apple iPhone 13 

The iPhone is powered by an A15 Bionic processor with 6 core CPU. Apart from this, it has 16 core neural engines. With the iPhone 13, up to 512 GB of storage will be available. The iPhone 13 has a 6.1-inch Retina XDR display with 1000 nits brightness.

The iPhone 13 has a 12-megapixel dual rear camera setup. This time a new wide-angle camera has been given, whose aperture is f/1.6. With this, there is support for sensor optical stabilisation. Night mode has been made better than before. The second lens is also 12 megapixels ultra-wide and has an aperture of f/2.4.

Continue Reading

Trending